Finance Courses in Canada

Finance courses are in great demand with rising jobs in the sector. Reputed universities across the country offer several finance courses in Canada. A career in finance in Canada is an excellent fit for international students, and pursuing finance courses in Canada can be a rewarding experience. Canada stands out as an ideal destination for students wishing to make a career in finance in Canada as the country has several courses to offer students with attractive job offers.

Highlights of Finance Courses in Canada

Below is a snapshot of courses in finance in Canada. 

Duration

2-5 years

Level of Study offered

Under Graduate/ Post Graduate/Doctoral

Course type offered

Full time/Part time

Mode of  Study 

Online/Offline

Average Tuition Fee for International Students

20000 CAD to 40000 CAD

Top Universities and Colleges

Some of the popular programs offered by universities for finance in Canada are:

Undergraduate programs

B Com ( Hons) in Finance

B Com (Hons) in Economics and Finance

Graduate certificate in financial planning

Diploma in financial management

Post Graduate program

MBA in Finance

Masters in Finance

Masters in Financial Economics

Masters of Management in Finance

Finance courses in Canada are in great demand because of the number of programs offered at undergraduate, postgraduate, diploma, certificate and doctoral level. The specializations offered are:

  • Financial Analytics
  • Management in Financial Strategies
  • Strategic Financial Management
  • Financial Planning
  • Financial Risk Management
  • Financial Planning Services

Why Study Finance in Canada?

Canada is a popular destination for pursuing higher studies owing to its emphasis on education and the quality of universities. Canada welcomes international students and invests a lot in them to ensure they are treated fairly, safely and can help make the country their home. With a high standard of living and a flexible study environment, Canada offers a wide range of opportunities for students who are interested in applying for finance courses in Canada.   

The key highlights of universities in Canada offering courses in finance are:

  • Courses are designed to help students gain essential skills and knowledge in the chosen stream. 
  • Most universities provide excellent infrastructure offering a great learning and educational experience.
  • The tuition fees are competitive, and students get ample opportunities to work as interns.
  • Scholarship opportunities are offered to students making it an attractive proposition to pursue further studies.
  • Abundant employment opportunities with an average salary of 60000 CAD per annum are what students will be looking at post-completion of a course.

Best Universities for Finance Courses in Canada 

Listed below are the best universities for finance in Canada:

Ranking

University

Eligibility Criteria

Tuition Fees

Key Features

01

University of Toronto

-Bachelors degree from an accredited university with a final year average when applying for a Masters course

-IELTS score of 7.0 within 24 months of application/6.5 in each band or an equivalent English score

-

$63,768.77

-Wide range of courses and programs in finance, accounting and economics at undergraduate and postgraduate level

-Excellent faculty, leading research centres and comprehensive programs

- Numerous networking events and career fairs providing access to industrial professionals

02

University of British Columbia

  • 4-year Bachelor’s degree program when applying for a postgraduate course
  • TOEFL, IELTS or CAEL exam results to show English proficiency with a score of 6.5, or a minimum TOEFL internet-based exam score of 90.

$58,153.50

  • Comprehensive and highly credited finance program that offers students skills and knowledge to succeed in finance.

- Experienced faculty members, emphasis on practical learning, hands-on experience through internships, case studies, and other experiential learning opportunities.

- Finance program is accredited by Chartered Professional Accountants, which gives an added advantage in the job market.

03

McGill University

Bachelor’s degree with a minimum GPA of 3.2 and a bachelor’s degree when applying to a postgraduate program

Evidence of English language proficiency by results of  TOEFL (score of 86), IELTS ( minimum score of 6.5), or McGill Certificate program. 

$2,797.20

Finance program at McGill is the most popular program that offers skills essential for a role in finance

Wide array of extracurricular activities to build a professional network and get practical experience.

04

University of Waterloo

  • 4-year Bachelor’s Honours degree with a 75% score when applying to a postgraduate program
  • Proficiency in English by good scores in TOEFL(score of 90), IELTS( minimum score of 7.0), CAEL ( minimum score of 7.0) and Cambridge English tests 

64,701 CAD

 

  • Reputed for research and teaching faculty that excels in finance domain. Also renowned for producing top-performing students who have excelled in the industry
  • Well-designed curriculum that helps students master the subject of finance  
  • Offers hands-on experience in the form of internships, placements, and other experiential opportunities. 

05

University of Alberta

-4 years Bachelor’s degree from an accredited university with a minimum GPA of 3 to apply for a Master’s degree. 

-English language proficiency by taking exams like IELTS ( minimum score of 6.5 with at least 6.0 in each band) or TOEFL  ( minimum score of 90, with at least 21 in each band)

$6,500

  • Wide range of courses, from introductory to advanced levels, the courses help to achieve the skills needed to succeed in the job market.
  • Internships, networking opportunities, and research projects help establish contacts and gain practical experience.

Level of Study for Finance Courses in Canada

Finance Courses at the Bachelor or undergraduate level

·Courses offered 

  • Bachelor of Business Administration in Finance
  • Bachelor of Commerce in Finance
  • Bachelor of Science in Financial Maths
  • Bachelor of Commerce in Business
  • Bachelor of Commerce ( Honours) in Financial Services
  • Diploma in European Financial Management Studies

·Eligibility criteria

  • Students must have graduated from senior secondary examination with a minimum of 50% and 60% overall in Grade 10 and Grade 12 examinations respectively.
  • Certified mark sheet and certificate of Grade 10 and Grade 12
  • Proficiency in English through scores of IELTS, TOEFL, MELAB, Pearson Test of English, and CAEL. Candidates must secure a minimum score in the respective tests to qualify.
  • Work experience is not mandatory. However, it could serve as an advantage. 
  • An updated resume along with two recommendation letters
  • Statement of Purpose
  • Transcripts of certificates from all previously attended secondary institutions

·Application Process

  • Choose the university and visit the website for details
  • Download the application form and complete it.
  • Send the completed application form along with the required documents like certificates, Statement of Purpose, Letter of recommendation, etc.
  • Once the faculty has received the application, they will review it and respond to you about the acceptance.
  • You can apply for a student visa based on the conditional offer of acceptance.
  • Apply for a student visa once you have heard about the application process.

Undergraduate courses for finance in Canada - fees 

The fee for undergraduate courses varies from one university to another. However, the feed for undergraduate courses in finance in Canada ranges between 5000 CAD to 20000 CAD.

Finance Courses at Master’s or Postgraduate level

·Courses offered 

  • Master’s in finance
  • MS in Finance
  • Masters in Business Administration ( Finance)
  • Master of Quantitative Finance
  • MA in Economics and Finance

Eligibility criteria

  • Proof of completion of Bachelor’s degree along with transcripts from an accredited university. A minimum GPA requirement of 3.0 out of 4.0
  • Proof of proficiency in English with scores of tests like IELTS, TOEFL, and CAEL 
  • GRE and GMAT scores

Application Process

  • Choose the university and visit the website for details
  • Download the application form and complete it
  • Send the completed application form along with the required documents like certificates, Statement of Purpose, Letter of recommendation, etc.
  • There may be an interview process if the university has the requirement as part of the application process.
  • Apply for a scholarship or aid in paying fees if it is available at the university
  • Apply for a student visa once you have heard about the application process.

Postgraduate courses for finance in Canada - fees 

The fee for postgraduate courses in finance in Canada ranges from 30000 CAD to 50000 CAD. The fee varies depending on the university; some universities offer grants and scholarships

Finance Courses at PhD or Doctorate level

Courses offered 

PhD in Finance is a course offered by several institutes in Canada

Eligibility criteria

  • Transcripts and certificate of a postgraduate degree in finance, economics, engineering, physics, mathematics, or a similar field of study with solid grades and research experience. Some universities will offer admission based on exceptional performance in undergraduate courses.
  • Two letters of recommendation.
  • A research proposal about the topic that one intends to write about.
  • Proficiency scores in English tests like IELTS, TOEFL, and CAEL.
  • GRE OR GMAT scores
  • There may be an interview process after candidates meet the eligibility criteria.

·Application Process

  • Online application forms will be available on the university website. 
  • Completed online application form must be submitted with a CV, references, personal statement, transcripts of mark sheets of degrees, and statement of intent.
  • Application forms will be reviewed, and candidates will be called for an interview.

Postgraduate courses for finance in Canada - fees 

A PhD program could cost between 2500 CAD to 25000 CAD per year

Scholarships & Financial Aid for Courses in Finance in Canada

University-specific, government-funded, and privately funded scholarships are available for candidates interested in pursuing a degree in Canada.

Scholarship

Eligibility

Grant in CAD

C.Douglas Mellor Prize, McGill University

  • Graduation in Financial Accounting and outstanding academic achievements

2200

Kenneth F Byrd Prize, McGill University

  • Graduate in Finance and outstanding academics

250

International Entrance Scholarships, Humber College

  • Applicants with outstanding academics

2000

Vice Chancellor Scholarship, York University

  • Applicants with outstanding academics

10000-20000

Banting Postdoctoral Fellowships, Canadian Government

  • International applicants with outstanding academic performance

70000

Career Opportunities after Finance Courses in Canada

From becoming a financial analyst, or advisor to starting one’s own venture a course in finance in Canada offers a lot of scope for international students. Below is a list of job profiles and the average salaries that a degree in finance can secure:

Job roles

Average salary per annum in CAD

Financial Manager

81,366

Financial Controller

84,464

Financial Analyst

60,661

...Read more
  • Level of study
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  • Fees
  • Exams Accepted
  • Course Duration
43 results found

Bachelor of Arts in Finance and Economics

Algoma University, Canada

  • DURATION
    4 Years
  • FEES
    INR 47.30L/yr
  • EXAMS
    IELTS-6.0
  • INTAKE SESSION
    SEP 2024

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